Sunday, January 01, 2017
Gold And Silver 2017 – The Golden Lye / Commodities / Gold and Silver 2017
Lye – [noun] a strongly alkaline solution, esp. of potassium hydroxide, used for washing or cleansing.
There has indeed been an ongoing cleansing in the precious metals market since the spike highs five years ago. Remember, there have been calls for a massive turnaround in prices for both gold and silver since 2013…2014…again, even more so in 2015. 2016 has just freshly passed, and both metals continue to flirt with their lows from a year ago. A few years ago, all the rage was for the man and woman on the street to be buying gold and silver coins, long lines, especially in China, forming for blocks to make purchases for the inevitable rally “sure” to soon follow.
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Sunday, January 01, 2017
Biased 2017 Forecasts - Debt, Housing and Stock Market (1/2) / Stock-Markets / Financial Markets 2017
A couple weeks ago I was lucky enough to see a live one hour interview with Michael Lewis at the Annenberg Center about his new book The Undoing Project. Everyone attending the lecture received a complimentary copy of the book. Being a huge fan of Lewis after reading Liar’s Poker, Boomerang, The Big Short, Flash Boys, and Moneyball, I was interested to hear about his new project. This was a completely new direction from his financial crisis books. I wasn’t sure whether it would keep my interest, but the story of Daniel Kahneman and Amos Tversky and their research into the psychology of judgement and decision making, creating a cognitive basis for common human errors that arise from heuristics and biases, was an eye opener.
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Sunday, January 01, 2017
President Donald Trump's 2017 New Year Message, BBC Fake News, Was 2016 a Dream? / Politics / US Politics
President Elect Donald Trumps's frank and truthful New Year Message to all americans of what to expect come January 20th. Whilst the mainstream media in a desperate attempt to survive has now decided to embrace fake news as illustrated by BBC. And lastly, did BrExit and Trump really happen? Or was 2016 all just a dream so that we are going to be waking up in a few short hours to January the 1st 2016.
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Saturday, December 31, 2016
Most Popular Financial Markets Analysis of 2016 - Stock Market Crash Postponed Again / Stock-Markets / Financial Markets 2016
The two most unexpected political shock events of the year were Britain's EU Referendum BrExit vote that literally no one in the establishment media, markets, the pollsters or bookies saw coming, which left a newly appointment Prime Minister to explain what BrExit exactly means who response is always that "BrExit means Brexit". Though many who commentated on breakfast, I mean Brexit end up confusing the two. "Brexit means Breakfast". Anyway we shall soon find out exactly what BrExit means....
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Saturday, December 31, 2016
Trump’s Praise for Putin’s Moral High Ground Exposed Obama’s Vindictiveness / Politics / US Politics
In response to Obama’s new sanctions on Russia, illegal by any standard, Trump praised how Putin handled his action, tweeting “(g)reat move on delay (by V. Putin) - I always knew he was very smart.”
A follow-up related tweet said “Russians are playing #CNN and @NBCNews for such fools…they don’t have a clue! @FoxNews totally gets it.”
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Saturday, December 31, 2016
Gold and the SPX Stocks Bull Market / Commodities / Stock Market 2017
The market started the week at SPX 2264. On Tuesday the market rallied to SPX 2274 in the opening minutes and then started to pullback. The pullback lasted all week, with one 9 point rally along the way, and hit SPX 2234 on Friday before bouncing to end the week at 2239. For the week the SPX/DOW lost 1.0%, and the NDX/NAZ lost 1.5%. Economic reports for the week were slightly positive. On the downtick: pending home sales, the Chicago PMI, plus the trade deficit increased. On the uptick: Case-Shiller, consumer confidence, the WLEI, plus weekly jobless claims decreased. Next week economic highlights: monthly payrolls, FOMC minutes and the ISMs. Happy New Year!
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Saturday, December 31, 2016
Bitcoin and Friends in 2017 / Currencies / Bitcoin
Greetings from Planet Krypto. We are the real deal, long-timer cryptographic-currency geeks; and today I’m gonna interview me, because I know what questions to ask. Please pardon the over-simplifications:
One: will Bitcoin continue to rise in price?
Yes, because consciousness of the deterioration of fiat currencies is growing. Three years ago, the notion that macroeconomic events would ultimately be the primary price-driver of cryptocurrency prices was almost unheard of. It’s now a no-brainer.
[And the Winklevoss Bitcoin ETF? Nooo era! Feel free to ask me.]
Saturday, December 31, 2016
Barack Obama’s Legacy: War, Debt and Poverty / Politics / US Politics
As 2016 winds down, so does Barack O’Bomber’s $80 million in paid vacations and his legacy of war, debt and poverty.
It’s quite amazing how much one man can ruin a country while playing so much golf.
WAR
Just 12 days after being elected, Barack Obama was nominated for the Nobel Peace Prize. He accepted the prize in Oslo on December 10, 2009.
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Saturday, December 31, 2016
Ready for New Year 2017 Massive Rally in Gold and SIlve rand Junior Miners / Commodities / Gold and Silver Stocks 2017
The Trump presidential election win has pushed capital into a major risk on rally, benefiting stocks, energy and the US dollar.
Interest rates are soaring in line with the Dow breaking 20k indicating major inflationary pressures.
Commodities such as industrial metals, copper and oil are rallying.
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Saturday, December 31, 2016
Stock Market Dow Closes 2016 Up 13.4% Confounding Perma Bear Doom Merchants For 8th Year! / Stock-Markets / Stock Markets 2016
The Dow Jones stock market index closed 2016 up 2338 points at 19,763, up 13.4% for year confounding the doom merchants who saw every surprise event of 2016 from Januarys oil price collapse to Britain's Brexit EU Referendum vote to America's very own self professed Mr BrExit, Donald Trump shocking the American establishment elite by winning the US Presidential election, all and more were apparently definite harbingers for a stock market apocalypse, reaching their most vocal just as the stocks bottomed and surged higher.
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Friday, December 30, 2016
SPX Stock Market Flash Crash May be Developing / Stock-Markets / Stock Market Crash
SPX cleared and retested Intermediate-term support/resistance now at 2256.83 this morning. It was a pleasant surprise to see it begin a new impulse lower. Although shallow, the new impulse tells us that there is room to decline. It is also a prime candidate for a flash crash as early as today. If the decline remains impulsive and gains momentum, we may see a low as early as Tuesday mid-day. SPX is on a sell signal.
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Friday, December 30, 2016
FTSE Stock Market Index Ends 2016 at BrExit New All Time High, Clueless Financial Press / Stock-Markets / UK Stock Market
The FTSE ended 2016's last day of trading at a NEW ALL TIME high of 7,142, which according the mainstream financial press's reporting for virtually the whole year was an IMPOSSIBLE outcome. After all the surprise BrExit EU Referendum vote result was supposed to have heralded a crash, collapse, recession new bear market, NONE of which materialised!
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Friday, December 30, 2016
2016 the Year of BrExit - Exactly Why it Happened / Politics / BrExit
Exactly why did BrExit happen in the UK?
It happened because the British Prime Minster David Cameron believed his own fantasy Westminster elite bubble reality to be true, thus in his reality there was ZERO likelihood of the British people voting to leave the European Union 9 months after having surprised the pundits by electing the Conservatives back into office. After all if the rebellious Scottish people had voted to REMAIN within the UK who had the highly vocal and organised Scottish Nationalists in charge of running the Scottish government, then how was possible that the British people, 90% of whom in the 2015 General Election voted for either a Labour, Conservative or Liberal Democrat REMAIN MP could result in a LEAVE vote outcome.
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Friday, December 30, 2016
Major Stocks Bear Market Still Looms / Stock-Markets / Stocks Bear Market
The US stock markets spectacularly defied the odds in 2016, soaring after both the UK’s Brexit vote and US presidential election. Both actual outcomes were universally feared as very bearish for stocks before the events. These contrary stock rallies have left traders feeling euphoric, convinced stock markets are impregnable. But with stock valuations hitting bubble levels in an exceedingly-old bull, a major bear still looms.
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Friday, December 30, 2016
Gold: No Bold Predictions for the New Year / Commodities / Gold and Silver 2017
I’m not much of a fan when it comes to New Year’s predictions. There seems to be an almost fanatical obsession with ‘fortune telling’ when it comes to the financial markets. And gold is no exception.
Some twenty years ago when I was advising my financial planning clients to own gold shares as part of a diversified investment portfolio, my focus was more permanent and long-term. Of course, that is the way I viewed other asset classes as well. There were certainly no ‘predictions’ about performance over the next year or so. Since I retired in 2005, I have noticed that the time periods which we consider and focus on with respect to analysis and investing – be it stocks, real estate, etc. – have become increasingly short-term. In fact, the financial markets seem to be more characteristic of casino-type activity. Investing has become speculation.
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Friday, December 30, 2016
Trump, BrExit, Crude Oil, Stocks Bull - Most Popular Market Oracle Videos of 2016 / Stock-Markets / Financial Markets 2016
2016 is about to come to an end that featured two unexpected shock political events of Britain's EU Referendum BrExit vote that literally no one in the mainstream press, political elite, markets or bookies saw come, and then there was Trump winning the US Presidency, which again shocked the establishment elite. Whilst in the financial markets, the crude oil prices trend garnered much popular interest as the early year oil price collapse had pushed many oil producers towards the edge of economic collapse. And again the BrExit and Trump factors induced much market uncertainty as the consensus expectations were that both events would result in an end of the 7 year long stocks bull market, which instead resulted in the exact opposite trends to a series of new all time highs.
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Friday, December 30, 2016
Gold Surges Above $1,150, Mining Stocks Rocket Higher, Time to Buy the Dip? / Commodities / Gold and Silver 2017
The gold price is showing strength heading into the close of 2016. The gold price has advanced for five straight days and is back above $1,150. The price put in a double bottom around $1,125 during December and the recent really suggests this may have been the bottom. After taking out $1,150, the gold price steadily climbed above $1,160 per ounce today.
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Thursday, December 29, 2016
What Markets Trading Opportunities Does the Wave Principle Identify? / InvestorEducation / Learn to Trade
Learn how to use the Wave Principle as an effective trading tool
Jeffrey Kennedy talks about how the Elliott Wave Principle helps you identify trade setups. Watch this new interview to learn how the Wave Principle helps you trade with the trend, which waves are Jeff's favorite to trade and how to "keep it simple" when using the Wave Principle.
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Thursday, December 29, 2016
These Commodity Markets Resource Sectors Will Soar in 2017 / Commodities / Resources Investing
A perfectly timed opportunity and a deep-value contrarian speculation are setting up in the resource sector, says Lior Gantz, editor of Wealth Research Group.
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Thursday, December 29, 2016
Stock Market Impulse Wave Down... / Stock-Markets / Stock Markets 2016
It now appears that SPX has completed its first impulse down to 2244.56 and appears capable of bouncing either to Intermediate term resistance at 2254.48 or to the trendline near 2260.00 in a partial retracement. It may take another hour or so to complete its bounce, then reverse into a probable Wave 3 in the final hour of the day.
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